41-9-475
Section 41-9-475 Bonds not obligation of state, counties or municipalities. All revenue bonds
issued by the commission shall be solely and exclusively the obligations of the commission
and shall not create an obligation or debt of the state or any county or of any municipality
within the state. (Acts 1975, No. 1137, §6.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-9-475.htm - 630 bytes - Match Info - Similar pages

35-8A-416
Section 35-8A-416 Declarant's obligation to complete and restore. (a) Except for improvements
labeled, "NEED NOT BE BUILT" the declarant shall complete all improvements depicted
on any site plan or graphic representation including plats or plans prepared pursuant to section
35-8A-209, whether or not that site plan or other graphic representation is contained in the
offering statement or any promotional material distributed by or for the declarant. (b) The
declarant is subject to liability for the prompt repair and restoration, to a condition compatible
with the remainder of the condominium, of any portion of the condominium affected by the declarant's
exercise of rights reserved pursuant to or created by sections 35-8A-210 through 35-8A-213,
35-8A-215, and 35-8A-216. (Acts 1990, No. 90-551, p. 858, §4-116.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-8A-416.htm - 1K - Match Info - Similar pages

45-49-90.10
Section 45-49-90.10 Liability of county or municipalities. Neither the county, nor any municipality
located therein, shall be liable for the payment of principal of or interest on any bonds
of the corporation or for the performance of any pledge, mortgage, obligation, or agreement
of any kind whatsoever which may be undertaken by the corporation, and none of the bonds of
the corporation or any of its agreements or obligations shall be construed to constitute an
indebtedness of the county or any municipality located therein within the meaning of any constitutional
or statutory provision whatsoever. However, nothing contained in this section shall be construed
to effect or alter the obligations or liabilities of the county or any municipality to the
corporation regarding contracts or agreements made by the county or municipality for the development
of an industrial park. (Act 88-626, p. 976, § 11.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49-90.10.htm - 1K - Match Info - Similar pages

11-57-21
Section 11-57-21 Liability of state or municipalities on bonds and obligations of authorities.
All obligations incurred by the authority and all bonds issued by it shall be solely and exclusively
an obligation of the authority and shall not create an obligation or debt of the State of
Alabama or of the municipality. (Acts 1961, No. 895, p. 1407, §20; Acts 1961, Ex. Sess.,
No. 289, p. 2335, §20.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-57-21.htm - 711 bytes - Match Info - Similar pages

11-99A-14
Section 11-99A-14 Payment of assessments. (a) Each assessment shall constitute a lien on the
property assessed in the amount of the assessment with respect to that parcel of land, as
provided in the final assessment, forecloseable as provided in this chapter. The assessment
shall be payable either within 30 days after the final assessment or over such term as may
be determined by the board. If the assessment is to be paid over a term, the assessment shall
accrue interest and be payable periodically, monthly, quarterly, semiannually, annually, or
as otherwise provided by the board, with interest at a rate as may be considered reasonable
by the board. In particular, the assessment may bear interest at the same rate or yield borne
by the bonds issued to obtain funds to acquire, construct, or install the improvements, but
interest may be at a higher rate in the discretion of the board. Once the amount of a final
assessment allocated with respect to a tract is paid in full, with all...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99A-14.htm - 3K - Match Info - Similar pages

8-6-110
Section 8-6-110 Definitions. The following words and phrases, as used in this article, shall
have the following meanings: (1) AUTHORIZING ACT. Any of the following statutes or acts: a.
Any of the following sections, as amended: Section 11-20-1 et seq., relating to industrial
revenue bonds to be issued by counties; Section 11-54-20 et seq., relating to industrial revenue
bonds to be issued by municipalities; Section 11-54-80 et seq., relating to industrial revenue
bonds to be issued by municipal industrial development boards; Section 11-58-1 et seq., relating
to industrial revenue bonds to be issued by municipal medical clinic boards, Section 22-21-170
et seq., relating to industrial revenue bonds to be issued by county and municipal hospital
authorities; and Section 11-20-30 et seq., relating to industrial revenue bonds to be issued
by county industrial development boards. b. The following acts of the Alabama Legislature:
Act No. 4, enacted at the 1956 Second Special Session of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-6-110.htm - 5K - Match Info - Similar pages

11-54-92
Section 11-54-92 Liability of municipalities upon bonds, agreements, obligations, etc., of
boards. The municipality shall not in any event be liable for the payment of the principal
of or interest on any bonds of the industrial development board or for the performance of
any pledge, mortgage, obligation or agreement of any kind whatsoever which may be undertaken
by the board, and none of the bonds of the board or any of its agreements or obligations shall
be construed to constitute an indebtedness of the municipality within the meaning of any constitutional
or statutory provision whatsoever. (Acts 1949, No. 648, p. 991, §12.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-92.htm - 941 bytes - Match Info - Similar pages

11-59-11
Section 11-59-11 Liability of municipalities upon bonds, obligations, agreements, etc., of
corporations. The municipality shall not in any event be liable for the payment of the principal
of or interest on any bonds of the corporation or for the performance of any pledge, mortgage,
obligation or agreement of any kind whatsoever which may be undertaken by the corporation,
and none of the bonds of the corporation or any of its agreements or obligations shall be
construed to constitute an indebtedness of the municipality within the meaning of any constitutional
or statutory provision whatsoever. (Acts 1947, No. 231, p. 94, §12.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-59-11.htm - 941 bytes - Match Info - Similar pages

11-60-13
Section 11-60-13 Liability of municipalities upon bonds, agreements, obligations, etc., of
corporations. The municipality shall not in any event be liable for the payment of the principal
of or interest on any bonds of the corporation or for the performance of any pledge, mortgage,
obligation or agreement of any kind whatsoever which may be undertaken by the corporation,
and none of the bonds of the corporation or any of its agreements or obligations shall be
construed to constitute an indebtedness of the municipality within the meaning of any constitutional
or statutory provision whatsoever. (Acts 1967, Ex. Sess., No. 218, p. 264, §14.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-60-13.htm - 953 bytes - Match Info - Similar pages

11-81-68
Section 11-81-68 Audits. There shall be an annual audit by a certified public accountant or
other disinterested public accountant of every municipality having according to the most recent
federal census as much or more than a population of 2,000 and an audit biennially for municipalities
with a population of less than 2,000 according to the most recent federal census. Said audit
shall describe in detail each bond issue outstanding and shall disclose the provision made
for payment thereof. In the case of assessment bonds it shall show the amount of assessments
12 months or more past due pledged for the payment of each series of bonds and the amount
of all other assessments and the estimated deficit, if any, to be paid out of the general
revenues of the municipality. One copy of such audit shall be filed with the clerk of the
municipality. (Acts 1927, No. 478, p. 534; Code 1940, T. 37, §292.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-81-68.htm - 1K - Match Info - Similar pages